Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
The average cost of data breaches in Canada rose to $5.64 million in 2022.
Canadian Startup News
AI startup Voiceflow raises $15 million USD to help companies collaborate on customer-service agents
Voiceflow says it makes it easy for AI to say to customers: “How can I help you today?”
How a cold DM to a16z helped Finofo raise its $1.6-million CAD pre-seed round
After launching tools for cross-border payments, Finofo aims to become “all-in-one” solution for finance teams.
Three tech companies hiring full-stack developers for remote work in Canada
Arcurve, Jane.app, and Ceridian are looking to hire full-stack software developers for remote work.
As startups look to US for capital, Antler’s Shambhavi Mishra calls on Canadian VCs to lead more rounds
Antler Canada’s Director of Portfolio talks taboo topics at Startupfest.
Home-sharing platform Happipad partners with Nova Scotia government to aid province’s rental crisis
Province estimates 130,000 vacancies could potentially be filled through the partnership.
Salesforce, Radian6 veteran Chris Ramsey named CEO of criminal-intelligence startup Cybercheck
Radian6 sold to Salesforce for $436.9 million CAD during Ramsey’s time there.
RBCx’s Sue Umapathy on the “return to due diligence” in a down market
When conducting due diligence, RBCx’s ‘Capital Whisperer’ said “it’s all about the team.”
1Password only Canadian company to crack Bessemer, Salesforce Ventures’ 2023 Cloud 100 list
OpenAI takes number one spot in list of top 100 private cloud firms.
EventMobi acquires US-based virtual events platform Run The World
The deal comes as demand for virtual gatherings has fallen from pandemic highs.
General Fusion raises $33.5 million CAD as it renews focus on Canadian project
General Fusion delays demonstration plant construction in UK for machine development in Canada.
Alberta looks to hydrogen as the “next frontier” in energy, invests $45 million in related technologies
The financing will come via Alberta Innovates and Emissions Reduction Alberta.
Google Canada commits $2.5-million grant to NPower Canada to help 5,000 job-seekers develop tech skills
This grant enables NPower to integrate Google Career Certificates in its programs.
After only four years in market, OMERS Ventures is pulling out of Europe to focus on North America
North America is “best positioned to weather the current and future economic storms,” said global managing partner Damien…
Niricson closes $10-million Series A to monitor critical infrastructure using tech
Victoria startup’s solution has been tested at Toronto’s Pearson Airport and Saskatchewan’s Gardiner Dam.